Bursa Malaysia easier at close on cautious trading

KUALA LUMPUR: Bursa Malaysia was lower at Tuesday’s close as investors were cautious after the conclusion of the Group of 20 meeting, with some still pondering the possible outcome of the 90-day trade war truce between the US and China, dealers said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.73 points to 1,694.99 from Monday’s close of 1,699.72, after opening 2.91 points weaker at 1,696.81.

The index moved between 1,688.88 and 1,698.51 throughout the morning session.

The FBM Emas Index depreciated 34.27 points to 11,701.99 and the FBMT 100 Index edged down 33.53 points to 11,571.98.

Sector-wise, the Plantation Index eased 10.80 points to 6,936,96, the Industrial Products and Services Index was 0.37 of-a-point weaker at 170.39 and the Financial Services Index lost 39.96 points to 17,446.22.